Flipkart, Bajaj Allianz launch cyber insurance to cover online financial frauds

​​This insurance compensates for direct financial loss (up to the sum insured) due to unauthorised digital financial transactions as a result of identity theft arising out of cyber-attacks, phishing/spoofing and SIM-jacking, a joint statement said.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/flipkart-bajaj-allianz-launch-cyber-insurance-to-cover-online-financial-frauds/articleshow/78383933.cms